Velarion Records

Psychiatric hospital · Vancouver, Washington · 72 beds · CMS certification number 504013

Rainier Springs

Latest filing: fiscal year ended June 30, 2024, settled, stamped by CMS August 24, 2026. Seven years on file, all shown below.

Fiscal 2024 at a glance

Net patient revenue $23.9M $23,876,179 · G-3 line 3
Operating expenses $15.2M $15,212,117 · G-3 line 4
Result from patient care $8.7M $8,664,062 · G-3 line 5
Margin on patient care 36.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $14.6M in its first year on file (2019) to $49.3M in 2025.
  • Its result from patient care: $276K (2023), $8.7M (2024), $17.2M (2025).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a gain on patient care for fiscal year 2024.
  • Medicaid paid for 1.0% of its inpatient days and Medicare for 6.8%.
  • DSB ACQUISITION LLC holds 100% of it, on its Medicare enrollment.

How these statements are drawn

Seven years of filings

Net patient revenueOperating expenses

2019 settled margin −32.7% $14.6M $19.3M

2020 settled margin −4.4% $22.7M $23.7M

2021 settled margin 3.7% $22.9M $22.0M

2022 settled margin −9.0% $21.7M $23.6M

2023 settled margin 1.0% $28.4M $28.2M

2024 settled margin 36.3% $23.9M $15.2M

2025 as submitted margin 35.0% $49.3M $32.0M

Beside its peers

Nearest in size, Washington first, fiscal year 2024.

Hospital Beds Net patient revenue Operating expenses Margin

Rainier Springs 72 $23,876,179 $15,212,117 36.3%

Inland Northwest Behavioral Health, Spokane 100 $30,043,042 $29,233,980 2.7%

Lourdes Counseling Center, Richland 22 $16,736,257 $19,547,144 −16.8%

Navos - Inpatient Services, Seattle 70 $31,435,476 $30,075,875 4.3%

South Sound Behavioral Hospital, Lacey 138 $45,057,059 $37,276,233 17.3%

Wellfound Behavioral Health Hospital, Tacoma 120 $50,816,140 $47,141,763 7.2%

Patients and payers

  • Discharges 1,744 S-3 line 14, col 15
  • Inpatient days 10,139 S-3 line 14, col 8
  • Beds in use, on an average day 56.0 days ÷ days in year
  • Occupancy 77.4% days ÷ bed days
  • Medicare share of days 6.8% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.0% S-3 cols 7 ÷ 8

Who owns it

  • DSB ACQUISITION LLC100%
  • LIFEPOINT BEHAVIORAL HEALTH, LLC100%
  • LIFEPOINT HEALTH INC100%
  • LIFEPOINT REHAB BLOCKER LLC100%
  • LIFEPOINT REHAB BLOCKER PARENT LLC100%
  • LIFEPOINT REHAB LLC100%
  • LPNT AUTUMN HOLDCO, LLC100%
  • SPRINGSTONE HEALTH OPCO, LLC100%

Related organizations on its own cost report: LIFEPOINT HEALT.

Other hospitals with the same owner: Copper Springs East- Gilbert (AZ), El Dorado Springs (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), North Alabama Medical Center (AL), Shoals Hospital (AL), and 3 more.

Control: proprietary, corporation.

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More psychiatric hospitals in Washington

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 504013. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read August 24, 2026.

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